Cowen & Co. analyst Cai Rumohr maintained a Hold rating on Science Applications (SAIC) yesterday and set a price target of $92. The company’s shares closed last Monday at $90.44, close to its 52-week high of $92.49.
According to TipRanks.com, Rumohr is a top 100 analyst with an average return of 14.1% and a 70.2% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and Spirit AeroSystems.
Currently, the analyst consensus on Science Applications is a Moderate Buy with an average price target of $94.20.
See today’s analyst top recommended stocks >>
The company has a one-year high of $92.49 and a one-year low of $58.19. Currently, Science Applications has an average volume of 406.6K.
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SAIC in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Science Applications International Corp. engages in the provision of full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets. It offers technology and equipment platform integration; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services such as the design, development, integration, deployment, management and operations, and sustainment and security of its customer’s information technology infrastructure. The company was founded by J. Robert Beyster in 1969 and is headquartered in McLean, VA.
